2325 Logan StDecatur, IL 62526

Property Details for 2325 Logan St

Lot size

1.33 AC

Zone code

MUNICIPAL

Property type

Warehouses

APN

04-12-12-205-018

APU

41212205018

Description

This exceptional 29,758-square-foot industrial flex building, situated on a 1.53-acre lot in Decatur's thriving industrial area, presents a unique investment opportunity. Built in 1964, the single-tenant property features a steel frame construction and offers a versatile layout ideal for a single user or redevelopment into a multi-tenant facility. The M-1 zoning allows for light industrial uses. The warehouse boasts a clearance height ranging from 12 to 19 feet, two drive-in doors, and two loading docks. Its five warehouse sections benefit from 3-phase/400 amp electrical service. The property also includes over 4,500 square feet of finished Class-A office space, enhanced by approximately 1,500 square feet of mezzanine space. Office amenities include multiple executive offices, a file room, breakroom, conference room, open bullpen, and restrooms. The property includes a concrete parking area and is fully fenced. An additional parcel to the east, currently zoned R3, is also included in the 1.53-acre lot. The lease rate is $4.50/NNN. This property offers a compelling combination of warehouse and office space, making it suitable for a variety of businesses. The property's location and features make it a highly desirable asset in the Decatur market.

• Alternative Use

  Use

  Valuation

  Residential

  $17,218,136

  Hospitality

  $15,771,721

  Educational

  $13,121,887

  Medical

  $13,573,168

  Retail

  $20,411,824

Location Insight

City

Decatur

County

Macon

State

Illinois

Latitude

39.8613

Longitude

-88.923

CBSA code

19500

CBSA name

DECATUR, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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